Autonomy founder and former CEO Mike Lynch has written an open letter to HP calling for immediate and specific explanations to the allegations HP has made about the software company. HP bought UK software company Autonomy for $11.7bn in ...
Tags: HP, software company, software, HP allegations
Hewlett-Packard CEO Meg Whitman has again affirmed the company's commitment to its embattled Autonomy software division, saying that HP's fiscal health is stronger than some may believe. "There's been a lot of challenges, but a lot of ...
Tags: Hewlett-Packard, Software, information management, quite profitable
The feud between Autonomy founder Mike Lynch and Hewlett-Packard’s leadership over alleged accounting fraud at the software vendor has intensified, with Lynch declaring his innocence in an open letter to the company’s board and ...
Tags: Autonomy, HP, Meg Whitman, ike Lynch
While it continues to wrestle with an accounting scandal at its Autonomy business unit, Hewlett-Packard has revealed it may use some of Autonomy’s technology to offer a free online analytics service. The service would be based on ...
Tags: Autonomy, CEO, Free analytics service, HP, idol, Meg Whitman
Computerworld-Hewlett-Packard says it will aggressively seek recompense for alleged fraud on the part of U.K.software vendor Autonomy,which HP acquired in a$10.3 billion deal last year.HP said accounting improprieties by Autonomy were to ...
Tags: HP, Autonomy Deal, software
IDG News Service-News of weak server sales,continuing turmoil at Hewlett-Packard and the ongoing U.S.political impasse over the so-called"fiscal cliff"have not given tech industry watchers much to cheer about this week. Major IT companies ...
Tags: tech industry, HP, server sales, Microsoft, IBM, Intel
Hardware giant Hewlett-Packard has called in the Serious Fraud Office (SFO) after uncovering what it claims are accounting irregularities at intelligent-search software vendor Autonomy, which it acquired for $11.1bn (£7bn) in August ...
Tags: Hardware, Hewlett-Packard, HP, SFO
HP is not the first to have referred Autonomy to the Serious Fraud Office,according to UK IT consultant Alan Pelz-Sharpe(pictured). HP bought Autonomy in 2011 for$11.7bn.But yesterday,HP wrote down the value of Autonomy by$8.8bn,accusing ...
Tags: Alan Pelz-Sharpe, HP, accounting improprieties, SEC
HP claims to have been wilfully misled by'former'members of Autonomy's management team in the lead up to its acquisition and has now written$8.8bn off of the company's value. The announcement of the write down came in the firm's fourth ...
Tags: HP, Autonomy's management team, SEC, Meg Whitman
Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC